Technical analysis:
BTC has been trading sideways at the price of $24.000 but there is potential for the breakout mode.
Trading recommendation:
Due to the sideways regime on the BTC, I see potential for the breakout mode.
Watch for potential breakout of the key support at the price of $22.700 to confirm further drop.
Downside objective is set at the price of $20.875.
Stochastic is showing downside reading , which is another sign of the weakness on the BTC
Key resistance is set at the price of $24.900
